Boeing profit jumps as commercial plane sales soar

CNBC With Reuters

Wednesday, 24 Jul 2013 | 10:18 AM ETCNBC.com

SHARES

Adam Jeffery | CNBC

Jim McNerney, president and CEO of The Boeing Company on Mad Money.

Boeing posted a better-than-expected 13 percent jump in quarterly profit after delivering more commercial jets, shrugging off concerns about the 787 Dreamliner and sending its shares up 1.6 percent to an all-time high.

The company also raised its full-year revenue forecast, thanks to $40 billion in new orders and the launch of the Dreamliner 787-10.

Boeing faced fresh problems earlier this month when a parked Ethiopian Airlines 787 caught fire in London's Heathrow airport. The aircraft was grounded earlier this year due to the overheating of lithium-ion back-up batteries. Regulators cleared the jets to fly again in April.